EUR futures: dips appear shallow

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Open interest in EUR futures markets shrunk by nearly 2.5K contracts on Friday from Thursday’s final 529,890 contracts, according to preliminary figures from CME Group. Volume dropped for the first time after three consecutive builds, this time by almost 59.6K contracts.

EUR/USD holds on to 100-day SMA near 1.1440

EUR/USD failed once again to test the 1.1500 barrier on Friday, retreating to the mid-1.1400s amidst shrinking open interest and volume, hinting at the likeliness that deeper pullbacks seem unlikely for the time being.


	EUR futures: dips appear shallow

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